433 Sonoma Ave - Apartments FOR SALE


Santa Rosa, CA 95401- Julliard Park | 
$3,995,000 USD
415-706-0008
433 Sonoma Ave, Santa Rosa, CA for Sale
$3,995,000 USD
Apartments - FOR SALE
1/12
null | 5.55% Cap Rate

433 Sonoma Ave
Santa Rosa, CA 95401
Julliard Park


HIGHLIGHTS

  • Well located Downtown Investment
  • Immediate Cash Flow with Zero Operational Drag
  • 5.55% Cap Rate | 10.72 GRM
  • High-Demand Unit Mix | $221,972/ Unit
  • Attractive, Low-Maintenance Landscaping

OVERVIEW

100% Leased Investment. Originally constructed in 1963, this multifamily property has undergone a series of systematic upgrades and today operates as a low-maintenance investment with established cash flow. The offering consists of a two-story residential building featuring sixteen one-bedroom, one-bath units and two two-bedroom, one-bath units, providing a balanced unit mix that appeals to a broad range of renters. A detached support structure houses the property's laundry facilities, management storage, and mechanical systems, supporting efficient day-to-day operations. Situated on a corner lot, the property benefits from enhanced visibility, efficient site circulation, and abundant natural light throughout the community. The site's configuration contributes to a functional and attractive residential environment while supporting convenient access for residents and property management. Interior improvements have been implemented throughout the units, including vinyl double-pane windows, original wood cabinetry, vinyl plank flooring, low-flow plumbing fixtures, and updated appliances. These upgrades enhance durability, reduce maintenance demands, and support long-term operational efficiency while maintaining a consistent unit finish throughout the property. The property's exterior has been designed with long-term sustainability and ease of maintenance in mind. Drought-tolerant landscaping served by automated irrigation systems helps reduce water usage and ongoing landscape maintenance requirements. Additional features include a security fence and controlled parking gate, providing defined site access and added convenience for residents. With a substantial unit count, extensive operational upgrades, efficient site layout, and maintenance-conscious improvements, the property represents an attractive multifamily investment opportunity for buyers seeking stable income, streamlined management, and long-term ownership potential.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$399 USD /SF

# OF UNITS

18

PRICE/UNIT

$221,944

CAP RATE

5.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,734 SF

ZONING

CITYSR, Santa Rosa

APN/PARCEL ID

010-201-019

ASK ABOUT THIS PROPERTY

Steven CaravelliColdwell Banker Commercial RealtyMore Info
415-706-0008

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Steven CaravelliColdwell Banker Commercial RealtyMore Info
415-706-0008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.